Joe Fagan

Former Soccer Star, Now Soccer Fan

January 17, 2017

Your On Your Way To Refinancing For A Better Rate When Working With Ignition Financial

It’s easy enough to go through the shopping process to purchase a car, and getting financing for the car may seem easy, but you may still face problems when that car payments are very costly. If you add up everything that you’re paying for your car, monthly payments, insurance, maintenance, gas and more, you’ll quickly see that you are spending a lot of money on your car, and that’s when you might be considering refinancing it to lower any payments you’re making on the car.


You know that your gas payments are unlikely to change if you’re constantly using the car to go to work, and maintenance is something the car needs as well. You also know that driving without insurance is not a possibility when you owe money on the car, so the only payments that you are likely to be able to reduce are the car payments. If you’ve been keeping up with your payments and making them on time every month, then you can look forward to better credit, especially if it’s lack of credit that gave you the high car payments in the first place. Once your credit has gotten better, refinancing is a big possibility.


You don’t just want to choose anyone to refinance your car because you may end up not get the lower payments you’re looking for. One bank may tell you that they’ll get you lower payments by $50 a month, but what if Ignition Financial was able to get your payments lowered by $100 a month or possibly even more? Who wouldn’t be interested in lower payments, especially when they are significantly lower than what other lenders are offering? You can work directly with Ignition Financial to start refinancing your car because they live to ‘slash my payments,’ which is their motto.


Even if you refinance your car with Ignition Financial, you can always try to refinance again with another lender in the future because they work with different lenders. Your payments can be a lot more manageable once you refinance your car, and skipping a month of payments is also something to look forward to. You know that you want to pay off your car, but if you know that your car payments are overwhelming you, do something about it by going to Ignition Financial to apply to have your car refinanced, which can turn out to be the best decision you’ve ever made.


It also gets better with Ignition Financial because you can protect your car in so many ways when you choose their coverage plan that covers everything that has to do with your car. With this elective plan, your tires will be covered against damage that can possibly occur on the road when you’re driving. You’ll also have the very loan on your car covered as well, and your maintenance on the car can also be covered, giving you full and total car protection.



December 21, 2016

Get Lower Car Payments With Ignition Financial

Buying a car is an experience with which most people are familiar. Most people pick out several cars that they like and then narrow down their decision based upon how much the car payment is. That method seems like a logical conclusion to most, as that will determine how long the car can be kept.


If a person had the cash available to buy the car outright and pay the full price, it would make the decision on what to purchase a lot simpler, but most folks are not in that enviable position. Thus, the system of car payments along with extra interest was invented to be able to sell more cars and to make it easier for people to purchase automobiles.


On the surface, interest payments along with the payments of principal work out very well, but once an individual discovers Ignition Financial located in Austin, Texas, a whole new world opens up. It is possible to refinance a car loan and achieve savings on the payments in a big way. Once a person understands how car payments work, they will shout, “Yes, slash my payments right away!”


Auto financing is made available by large banking and lending institutions who specialize in this particular field. They are in an intensely competitive situation, so they have to offer special deals to car dealerships and other retailers such as used car companies.


The lender will set a “Floor Rate” of interest which is where the interest rate begins. Then they add on a “spiff” for the dealer, which usually amounts to an extra 2% to 4%. This extra amount is an incentive for the dealer to do business, and he will cash out his portion at closing time.


Many people finance their cars at the dealer because it is more convenient, but they don’t realize that if they got their financing from their local bank or credit union, they would do much better on the interest rate.


When a person refinances their car loan through Ignition Financial, they will get a better interest rate than they currently have, in most cases, and the savings that are realized will open up a new world of financial freedom.


Extra money in the budget can mean payments can go toward savings, payment of other debts, money for education, new furniture, and many other needs. Call Ignition Financial today and find out what can be done for you to free up some substantial money.


It is helpful to understand how automobile financing works in most cases.